Tag Archives: executive compensation

Picture that text you just wrote on the screen in a courtroom

Executives know better than to put questionable statements in email, right? Well, it is past time to realize the same goes for texts. Just like a Miranda warning: Anything you text can and will be used against you in a court of law. Continue reading

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NFL lessons for the C-Suite on succession planning, Exhibit 1: Tony Romo

Dallas Cowboys owner Jerry Jones has himself in an ideal succession situation. He waited to draft the perfect candidate – Dak Prescott. He and can now let potential future star quarterback Prescott learn while aging star Tony Romo still has the ball. Boards and C-Suite folks should think like Jones: Keep your stars in place, but keep an eye on the future of the company. Continue reading

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Massage Envy No More

Houston Chronicle business columnist Chris Tomlinson recently interviewed me about how a woman’s search for a better job landed her in serious legal trouble. The unfortunate story involves Maxie Foster, who worked for years as a receptionist to pay her … Continue reading

Posted in Confidential Information, Corporate culture, Covenants Not to Compete, Executive Compensation, Executive contracts, Litigation, Non-Competes, Trade Secrets | Tagged , , , , , , | Comments Off on Massage Envy No More

White House Report Says Non-Competes May Hurt Competition

The White House is weighing in on the growing use of non-compete agreements and how they can negatively affect competition, individual workers and the overall economy. Once a tool reserved for top executives, the 16-page report released earlier this week … Continue reading

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UPDATED: Trade Secret Proposal Has Won Over Congress & The President, But Not Me

Who says Congress can’t agree on anything these days? By an overwhelming vote of 410-2, the House recently approved the Defend Trade Secret Act (DTSA). The Senate already has passed the proposal and President Obama is expected to sign it … Continue reading

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Non-Profit CEOs Deserve Competitive Pay Too

A recent survey by the Chronicle of Philanthropy points out that, although CEO pay is essentially just keeping up with inflation, some of the highest earners routinely make more than $1 million. Nationally, the Chronicle reports, executive pay at the … Continue reading

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Executive Compensation Under the Microscope

It looks like compensation committees at J.P. Morgan Chase and Citigroup Inc. are keenly aware of the role that public perception and company performance plays in setting executive compensation, particularly in light of the financial industry’s recent poor performance (and … Continue reading

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Negotiating Executive Compensation in an ‘Occupy’ Era

To follow the news, it’s tempting to think that a good chunk of the country’s financial woes can be blamed on high executive compensation. The latest incarnation of that resentment is the Occupy movement, as well as the “say-on-pay” provisions … Continue reading

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What to do when your successful business unit is sold

Success is sometimes rewarded in strange ways, such as when a company sells off a highly profitable business unit in order to raise cash (as Nestle did when it bought Cadbury and as Barnes & Noble is considering doing with … Continue reading

Posted in CEOs, Change of Control Agreements, Dodd-Frank, Executive Compensation, Executive contracts, Legal, Retention agreements | Tagged , , , , , , , , | Comments Off on What to do when your successful business unit is sold

Negotiating a severance package

Litigation avoidance is very high on most companies’ priority lists, and when a company is considering letting an executive go, one of their biggest concerns is how to keep their soon-to-be-former executive from hiring someone like me to file a … Continue reading

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